£248,114
This estimated value is based upon the latest sale price for the house of £206,000 on 25 Mar 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £206,000 | 25 Mar 2020 |
| £155,000 | 15 Mar 2010 |
| £129,950 | 30 Jul 2004 |
| £129,950 | 30 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 sq feet |
This model uses changes in the Official Land Registry House Price Index for EAST SUSSEX to estimate the market value.
When this house was purchased in March 2020 the House Price Index for EAST SUSSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £206,000 results in an estimated price of approximately £248,114.
| 25 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £206,000 | £42,114 | £248,114 |
The Postcode Pricing Model uses changes in average sales price within the BN9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 1.890 % | £3,893 | £209,893 |
| 3 Month Average | 30.149 % | £62,106 | £268,106 |
| 6 Month Average | 35.021 % | £72,142 | £278,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £370,485 | £365,000 | 13 THE CLOSE |
| 20 Jun 2023 | £218,868 | £216,217 | 12 CANTERCROW HILL |
| 23 Feb 2023 | £274,815 | £275,000 | 18 PARK DRIVE CLOSE |
| 5 Sep 2022 | £266,349 | £268,500 | 2 PARK DRIVE CLOSE |
| 6 Jul 2022 | £325,877 | £325,000 | 6 THOMPSON ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 25 Nov 2019. Using an estimated price of £248,114 means this house is valued at £3,352 per sq meter (£311 per sq foot).
The average size of a house on PARK DRIVE CLOSE is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Park Drive Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Drive Close |
| Mar 2024 | Public order | Under investigation | On or near Park Drive Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cantercrow Hill |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cantercrow Hill |